Online Casino Gambling A Global Phenomenon

Online Casino Gambling A Global Phenomenon



If you check to​ see where the​ headquarters of​ the​ online casino gambling establishments that you like to​ visit are located,​ you’ll discover that a​ great percentage of​ them are based in​ the​ Caribbean (there and Gibraltar) -- on​ the​ islands of​ Antigua and Barbuda,​ specifically. But as​ of​ late,​ a​ global pool of​ lawmakers and online casino gambling detractors,​ including the​ WTO (World Trade Organization) itself are trying to​ get these establishments shut down.

Fortunately for us players,​ the​ boom in​ online casino gambling has a​ life of​ its own -- one that will not so easy be quashed. in​ fact,​ a​ panel investigating the​ dispute ruled that the​ U.S. was in​ violation of​ its own financial regulations when it​ gets in​ the​ way of​ American financial institutions engaging in​ transactions with Antigua-Barbuda online casinos. Score one for online casino gambling.

Actually,​ score more than that. Numerous countries are starting to​ face facts about the​ lucrative business of​ online casino gambling and finding ways for their local economies to​ capitalize on​ the​ craze. Not only does online casino gambling provide to​ the​ local communities that license and regulate them enormous sums of​ money in​ the​ form of​ tax revenues,​ but the​ online casino gambling industry also fosters huge job growth in​ whatever geographical areas it​ touches. Consider Antigua-Barbuda,​ where 30% of​ the​ residents are employed by online casino gambling establishments.

It is​ surely with incentives like those in​ mind that Prime Minister Tony Blair is​ trying to​ enact new legislation in​ the​ U.K. that will likely encourage more casinos to​ be built and a​ rise in​ casino gambling throughout the​ country. Supported by 53% of​ British voters polled,​ the​ new Bill if​ enacted will,​ among other things,​ remove all slot machines from around 6,​000 different places and allow them to​ be placed together in​ new casinos with extended hours of​ operation. This legislation may even coax existing online casinos to​ move their bases of​ operations to​ Britain. Many observers and analysts believe this will inevitably lead to​ other similarly supportive measures aimed at​ online casino gambling as​ well.

Meanwhile,​ the​ French reportedly gamble 2 times more and for 3 times longer than their British counterparts. France’s citizens have been enjoying online casino gambling for years,​ especially since a​ loophole in​ European Union policy that heavily restricts land-based casino gambling (essentially requiring any French citizen who wishes to​ gamble to​ do so exclusively in​ state-run operations) has no bearing on​ online casino gambling,​ practically ensuring the​ industry a​ steady stream of​ eager participants. in​ fact,​ many believe that the​ popularity of​ online casino gambling is​ responsible for the​ skyrocketing demand for high-speed,​ broadband internet service.

The Australian government is​ getting into the​ action as​ well,​ granting an​ online casino gambling site a​ license to​ open a​ customer service center in​ the​ state of​ Tasmania. Recruiting has already begun,​ and an​ estimated 300 jobs will be created in​ the​ high-unemployment area.

A growing interest in​ online casino gambling in​ Asia has led to​ one of​ China’s most popular pastimes - the​ 4,​000-year-old card game Mahjong - being offered as​ a​ multiplayer online casino game. Approximately 45% of​ Chinese people polled report that they play Mahjong regularly for money and whether China permits online casino gambling or​ not,​ there will be no shortage of​ players worldwide flocking to​ any site that offers the​ game.

Recently a​ campaign has been put into motion to​ legalize online casino gambling in​ Japan as​ well,​ supported by the​ country’s Liberal Democratic Party,​ currently in​ power. Several departments in​ the​ government have been brought in​ to​ figure out how to​ make this work for Japan’s economy,​ and it​ is​ expected that online casino gambling operators may be invited to​ contribute to​ the​ talks in​ due time.

And online casino gambling may be right around the​ corner for Israel,​ the​ country’s social and economic cabinet having just given permission for two horseracing tracks to​ be built,​ equipped of​ course with full-fledged betting. in​ order to​ make this work,​ the​ Israeli government will be obliged to​ lift its long-standing ban on​ sports gambling.




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